Highlights Coinbase and MicroStrategy executives topped the top most traded stocks in 2024 Brian Armstrong and Michael Saylor sold a lot of shares
stock sales in the #cryptocurrency sector are gaining momentum, and #Coinbase executives are among the top most traded stocks in 2024
the most sold stocks in 2024 by cryptocurrency executives: Coinbase and #MicroStrategy executives reported selling millions of shares
the loudest headlines about insider stock sales in 2024 came from Coinbase and MicroStrategy executives. Coinbase's Brian Armstrong sold $636 million worth of stock, ranking eighth among all insiders. Not far behind him was Michael Saylor of MicroStrategy, who sold $410.8 million worth of shares and ranked 13th. With such massive stock sales, both companies rank high in the insider rankings, proving that these executives retain influence and economic power in the cryptocurrency world.
Furthermore, other major sales by Coinbase executives include Fred Ersam and Emily Choi, including Coinbase co-founder Ersam, who sold $203.8 million worth of stock, and COO Emily Choi, who sold $186.4 million worth of stock, putting Coinbase ahead of Amazon and Walmart in terms of insider sales. According to Blockworks, the stock sales by Coinbase and MicroStrategy executives reflect increased financial capital in the growing cryptocurrency market as the market continues to grow.
The 2024 stock sales data also shows how crypto insiders are gaining traction in the market. The data shows how they are cashing in In addition to Coinbase's leadership, MicroStrategy Seylor ranks very high with $567.8 million in share sales. This is a good sign of a trend where cryptocurrency executives are selling most of their shares to take advantage of favorable market conditions. These sales put them on par with other large companies, including Meta and Nvidia, in terms of insider sales.
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